The Cash Conversion Cycle and Your Business

The Cash Conversion Cycle and Your Business

How familiar are you with the cash conversion cycle? It’s a working capital accounting metric that shows the amount of time it takes a company to convert investments in inventory into cash. The concept is simple, but its importance is crucial. The cash conversion...
Signs Your Company Needs a Part-Time CFO

Signs Your Company Needs a Part-Time CFO

When should a business owner hire a CFO? There’s really no definitive answer, but there certainly are some telltale signs. You don’t have answers to your financial questions.  Business owners make most decisions based on detailed financial knowledge. And when that...
Benefits of Outsourced CFOs

Benefits of Outsourced CFOs

Outsourcing has been around for decades. It began as a way for manufacturing companies to save on less-than-essential processes. It worked so well for them that more and more cost-conscious businesses started outsourcing their non-core business procedures.  Today,...